The token distribution to users of the well-known tap-2-earn app Tapswap—which is powered by TON Blockchain—has been pushed back to the third quarter of the year.
Since its February 15, 2024 launch, the app, which required users to continuously tap the icon in the center of the Telegram Tapswap bot screen in order to mine coins, has accumulated over 50 million users. Nigerians have been using the app to tap their phone screens in an attempt to make money.
To better serve its players, the management said, it has chosen to reschedule the share-to-token exchange event that was originally set for July 1st to the third quarter.
The management of X said in a series of threads posted on the platform on Monday that it is in active discussions with tier 1 exchanges worldwide to price the highly ranked game and protect it from scammers and web3 industry leaders who are touched by the success the game has attracted. The management described the news as both “bad” and “good” for its players.
“We’ve got some bad and really good news for you at the same time: our team has decided to move the date for the Shares-to-Token exchange event. You might wonder, what’s good about that? Just FUD?
Not precisely. The main idea is that this will be advantageous to you. Let’s clarify how: Tapswap has been the subject of a lot of talk lately, particularly in relation to its listing on tier 1 exchanges, significant decline, and other things. It’s hardly surprising, either, given the project has risen to the top and is now one of the main actors in the world. Not only do con artists draw attention from this kind of audience, but web3 industry leaders do too.
Thus, not all rumors are untrue. In fact, the Tapswap team is in active negotiations with tier-1 exchanges! And they are overjoyed with our community, which is you! Isn’t this the goal we’ve been pursuing together nonstop?
And they are overjoyed with our community, which is you! Isn’t this the goal we’ve been pursuing together nonstop? The management also reaffirmed their commitment to giving the task, which calls for considerably more thorough work on tokenomics and the appropriate launch plan, their full attention.
“However, this success comes with some ‘inconveniences’. This level of attention requires much more detailed work on tokenomics and the right launch strategy. And that means extra time.
“But know that this is all to ensure that our launch in Q3 is fair and, more importantly, profitable for all of you who stand by us no matter what,” the post added.
On the other hand, Tapswap charged its users to enjoy the good news that comes in the future and to value the feedback and support they have received.
As you can see, there are many reasons to be pleased with this modification. We’ll also be sharing some even more exciting news soon about the drop itself, our tier 1 relationships, and our future!
Your support is much appreciated. Remember to leave your opinion in the comments section, as we genuinely appreciate hearing from you. We’ll continue to push each other to new heights!
The July 1st intended token launch by Tapswap has been postponed indefinitely. On June 20, 2024, the gaming company’s head of communications, John Robbin, made this revelation.
Prior to the aforementioned admission, the company declared that July 1st would be the date of its coin allocation. This was because it was unable to set a date in May due to an excessive number of bot accounts, which they are currently attempting to separate from the real players.
Robbin emphasizes that the processes cannot be communicated prior to the allocation, stating that the token allocation technique has not yet been determined. The July 1 token launch was rescheduled. We’ll let everyone know the revised date.
“We will allocate a significant part of the tokens to the community to retain the tappers. We want you all to be part of the tapswap community.
“We need a token airdrop to be a win-win for all of us. We have started communicating with many exchanges and platforms,” he stated.
Nigerians of all ages have been tapping their phones compulsively; some claim that they are waiting for the tokens to be distributed so that they can utilize the numerous taps they have accumulated to purchase the houses and cars of their dreams.
